France Faces Political Turmoil as Far-Right Party Threatens Government Collapse

Marine Le Pen's National Rally leverages budget negotiations to challenge Prime Minister Michel Barnier's government, raising concerns over financial and political stability.

• Marine Le Pen’s National Rally party is threatening to support a no-confidence motion, potentially toppling Prime Minister Michel Barnier’s government over contentious 2025 budget proposals.
• The budget includes €40 billion in spending cuts and €20 billion in tax hikes, aimed at reducing France’s deficit, which has drawn criticism domestically despite meeting EU fiscal requirements.
• The National Rally demands concessions on key issues, including pension adjustments, medical aid for migrants, and proposed tax changes, while leveraging its newfound influence in a hung parliament.
• A government collapse could destabilize French finances, disrupt the eurozone, and lead to political uncertainty, with markets already reacting negatively to the crisis.
• Le Pen’s legal battle over alleged misuse of EU funds looms in the background, with a court verdict expected in March 2025 that could impact her political future.

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RFI FRANCE 24 POLITICO